Lotus seeks to calm naming rights row

NEWS STORY30/09/2010

Lotus Racing, which in a row Proton over the naming rights of the F1 team has this morning issued the following:

In a bid to alleviate the public confusion surrounding the ongoing matter between Lotus Racing and Proton / Group Lotus, Lotus Racing shareholder and Deputy Team Principal Dato' Kamarudin Meranun recently had the opportunity to meet Proton Adviser Tun Dr Mahathir. The meeting was to discuss the matter in person and agree a future course of action for Lotus Racing.

Lotus Racing believes it is acting within its own rights, and as a result of this meeting, the team will now refrain from making any further comments on the matter. This action is upon advice from Tun Dr Mahathir, and it is out of our respect for him that we will act upon his wishes as he has supported us since our inception, and his backing has been invaluable in our growth.

We are very grateful for having had the opportunity to put forth our case and have complete trust that a fair review will be made, and a decision on the matter will be announced in due course.